Bank of Montreal

Year's 2nd-biggest merger, bank failures, small-bank layoffs: Top stories of the week

11/08/19

First Horizon, Iberiabank in year's second-biggest bank merger; bank failure in New Jersey is nation's third in a week; smaller banks take a turn swinging the ax; and more from this week's most-read stories.

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BMO off to promising start on its AI projects

11/04/19

The team has already built three customer-facing AI tools this year, which it hopes to keep building upon.

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Paying bankers more is cost of Canadian lenders' U.S. expansion

11/04/19

Bank of Montreal's push into the U.S. has proved fruitful for its employees — and challenging for a company seeking to get its expenses under control.

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Scotiabank's Latin America push outpaces BMO's U.S. efforts

08/27/19

Scotiabank's earnings topped analysts' estimates on a surge in profit in its international-banking division, fueled by a sharpened focus on Latin America. Bank of Montreal, meanwhile, fell short of expectations as growth was more muted at its U.S. personal-and-commercial banking division.

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Bank of Montreal surpasses U.S. growth target in six months, CEO says

06/19/19

Last year, CEO Darryl White said his goal was for U.S. operations to account for one-third of the bank's earnings in three to five years. It was a matter of months before the goal was reached.

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BMO Financial's Ernie Johannson expands role

06/04/19

The Canadian parent of BMO Harris Bank in Chicago has named Johannson group head of North American personal banking, an extension of similar executive duties she holds in the U.S.

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Even Canadian banks are shunning U.S. pot firms

04/08/19

CEOs at Bank of Montreal and TD Bank Group say they are unlikely to touch the American cannabis industry until the laws change.

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Bank of Montreal CEO sees more growth in U.S. beyond the Midwest

04/02/19

Bank of Montreal is getting about half of its U.S. business from outside the company's Midwest stronghold, thanks to a commercial-banking push, Chief Executive Darryl White said.

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U.S. retail banking profits surge at Bank of Montreal

02/26/19

Consumer lending margins in the United States strengthened at the Canadian bank, which overall saw more growth in business lending than consumer lines in its fiscal first quarter.

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The challenge for virtual banking: Getting bots to care

09/28/18

AI-powered assistants will change the customer experience for the better, but first they must achieve a more human level of service, executives said during a discussion at Finovate.

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